Donaldson Company, Inc. $DCI Stock Holdings Increased by Savant Capital LLC

Savant Capital LLC lifted its position in Donaldson Company, Inc. (NYSE:DCI) by 51.1% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 15,916 shares of the industrial products company’s stock after acquiring an additional 5,382 shares during the quarter. Savant Capital LLC’s holdings in Donaldson were worth $1,303,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in DCI. True Wealth Design LLC increased its stake in Donaldson by 203.7% during the third quarter. True Wealth Design LLC now owns 325 shares of the industrial products company’s stock valued at $27,000 after purchasing an additional 218 shares during the last quarter. SJS Investment Consulting Inc. boosted its holdings in shares of Donaldson by 3,680.0% in the 3rd quarter. SJS Investment Consulting Inc. now owns 378 shares of the industrial products company’s stock valued at $31,000 after buying an additional 368 shares during the period. Hantz Financial Services Inc. grew its position in shares of Donaldson by 5,112.5% during the 2nd quarter. Hantz Financial Services Inc. now owns 417 shares of the industrial products company’s stock valued at $29,000 after buying an additional 409 shares during the last quarter. NewSquare Capital LLC acquired a new stake in Donaldson during the second quarter worth about $34,000. Finally, Hoese & Co LLP lifted its holdings in Donaldson by 266.7% in the second quarter. Hoese & Co LLP now owns 660 shares of the industrial products company’s stock worth $46,000 after acquiring an additional 480 shares during the last quarter. 82.81% of the stock is currently owned by institutional investors.

Donaldson Stock Performance

DCI opened at $109.25 on Tuesday. The business has a fifty day simple moving average of $95.94 and a 200-day simple moving average of $86.14. The company has a quick ratio of 1.39, a current ratio of 2.15 and a debt-to-equity ratio of 0.44. The firm has a market cap of $12.60 billion, a PE ratio of 34.03, a P/E/G ratio of 2.70 and a beta of 1.00. Donaldson Company, Inc. has a fifty-two week low of $57.45 and a fifty-two week high of $109.88.

Donaldson (NYSE:DCI) last issued its earnings results on Wednesday, December 3rd. The industrial products company reported $0.94 EPS for the quarter, topping the consensus estimate of $0.93 by $0.01. Donaldson had a return on equity of 30.24% and a net margin of 10.25%.The business had revenue of $935.40 million during the quarter, compared to analysts’ expectations of $922.68 million. During the same quarter last year, the firm posted $0.83 earnings per share. Donaldson’s revenue was up 3.9% compared to the same quarter last year. As a group, equities analysts predict that Donaldson Company, Inc. will post 3.64 EPS for the current fiscal year.

Donaldson Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 27th. Stockholders of record on Thursday, February 12th will be issued a dividend of $0.30 per share. The ex-dividend date of this dividend is Thursday, February 12th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.1%. Donaldson’s dividend payout ratio is currently 37.38%.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the company. Morgan Stanley raised Donaldson from an “underweight” rating to an “equal weight” rating and raised their price target for the stock from $72.00 to $84.00 in a report on Monday, November 24th. Jefferies Financial Group raised their target price on Donaldson to $123.00 and gave the company a “buy” rating in a research report on Monday, February 2nd. Weiss Ratings reiterated a “buy (b)” rating on shares of Donaldson in a research report on Friday, January 9th. Robert W. Baird set a $110.00 price target on Donaldson in a research note on Monday, February 2nd. Finally, Stifel Nicolaus lifted their price objective on shares of Donaldson from $90.00 to $96.00 and gave the company a “hold” rating in a research note on Friday, December 5th. Three investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $103.25.

Insider Activity at Donaldson

In other Donaldson news, CFO Bradley J. Pogalz sold 566 shares of the company’s stock in a transaction that occurred on Tuesday, December 9th. The stock was sold at an average price of $91.57, for a total transaction of $51,828.62. Following the completion of the sale, the chief financial officer owned 434 shares of the company’s stock, valued at $39,741.38. This represents a 56.60% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Ajita G. Rajendra sold 19,800 shares of Donaldson stock in a transaction that occurred on Friday, December 5th. The shares were sold at an average price of $92.04, for a total transaction of $1,822,392.00. Following the completion of the transaction, the director directly owned 43,993 shares in the company, valued at approximately $4,049,115.72. This represents a 31.04% decrease in their position. The disclosure for this sale is available in the SEC filing. 2.20% of the stock is currently owned by insiders.

Donaldson Company Profile

Donaldson Company, Inc (NYSE: DCI) is a global provider of filtration systems and replacement parts for a wide range of industries. The company develops and manufactures air, liquid and gas filtration solutions for engine and industrial applications, helping customers improve performance, lower emissions and extend equipment life. Donaldson’s product portfolio includes engine air intake filters, fuel filters, hydraulic filters, compressor filters, dust collection systems and gas turbine air intake systems.

Serving markets such as agriculture, construction, mining, power generation, aerospace and original equipment manufacturing, Donaldson operates through two primary business segments: Engine Products and Industrial Products.